GLD is now trading above all the moving averages. And GDX and NUGT are in breakout mode today. Today could be the last day to cover to prevent huge losses.
charts on both nus and hlf looks good and if breaks higher with all the maneuvering of the shorts to try and keep these to stocks down, they could go ballistic with. Remember both companies focus on improving health which is a top priority from everyone. Shorts could be burned real bad if the nation decides to downsize by 20 pounds each. watch out shorts!
Sentiment: Strong Buy
just like ever other stock they knock down like mdbx, nq, or amt via muddy waters or citron, these guys are just opportunistic sharks, and the stocks always turn around make the shorts like a bunch of idiots.
SEEMS TO INDICATE GOLD MAY BE UP MONDAY
they created the necessary selling pressure to knock it down by trapping longs in premarket up to inflated prices all the way up to 79.50. I wouldn't at all be surprised to see a major down day when all is said and done.
They take DDD up to $79.50 in premarket, well past 77 resistance and top of band of the 10 day 15 minite intraday chart. This creates a spike that then drives down the stock. Don't say the shorts aren't smarter than the longs in this type of sideways to neutral market, because the clearly are. The
If we break thru 9 heavy covering could ensue with the shorts fearing a gap fill
Broke the 8 low which held twice. Faked out longs and shorts between 3:30and 4pm afraid to hold overnight, only to make everyone look foolish today, who acted on that fear tactic
I agree, shorting can be a joy, but also a financial pitfall. Just ask any short of zu
Short potential minimized to range trading now. If satisfied with half point gain, which there is nothing wrong with down to 7.75, you might get that, but risk at this point may be to the upside.
probably will get back in SPADES what they gave to the long. The amount of stock which absorbed last two days implies big money got in and have have the capacity to SQUEEZE SHORTS BEYOND ANY POSSIBLE MEASURE OF TOLERABLE PAIN
Well over 1.2 mil traded on an uptick in one minite interval at prices $7.72 to $7.75 .You gotta think someone wants this bad aint afraid of the big bad wolf (in this case wolf=bear)